tax

This is my situation: I never declared any taxes ever in my 10+ years of legal residence in the US. I had been relatively poor most of that time, working for my extended family in the US. My bank account had always less than 10K USD and my coinbase account has always had less than 10K USD (until...

Hello, I'm in the process of building an online brand to sell to customers globally. I'm looking for the best company setup for this case, as i know from the posts here that every case is different. Been looking recently in BEPS tools and many structures, but i found out that OECD have took...

Hi, was living in Thailand for 8 years with Thai Elite Visa in last 3 years. Last 7 months or so I'm in eastern Europe without any official residency due to covid I'm an app developer with stable profiting apps, a web traffic reseller, affiliate and a crypto trader. While being in Thailand...

Hello, I am researching what my exit strategies from crypto will be within the next 4-18 months, with portfolio worth $1mm - $2mm. My country is a member of EU (Central Europe) with significant taxation on crypto, I do not want to cash out to fiats here. The CRS and CFC obviously limit my...

Hello, I might become a Ukrainian resident, but before that I want to learn more about my options to save on tax and get more information about this year new tax reforms that were done in the country. if any recommendations to English speaking Ukranian Tax laywer or account, would be really...

Hello, I do really need help on opening an offshore bank account. I am currently selling on Shopify through my Lithuanian bank account and paying taxes (around 51%) so and offshore bank account would definitely help me in lowing these taxes (or minimizing them to 0). Are there anyone who could...

Hi, I hope some one can answer my question. Here is my situation, I am Domiciled within UK since 2020 April, Resident and Ordinarily Resident. I own 100% of a UK company pay my self a salary (PAYE), take profits and declare my taxes (self assessment) to HMRC both personal and the companies. My...

Hello. I'm a bit new to all this offshore stuff, but I'm planning on opening an offshore shell company in Belize or Seychelles, and I'd like to know if I could buy property with them? For example, could I anonymously buy a house with my shell company's name here in America? Same thing with cars...

Hello! It's some days i'm reading all around the forum, I found very interesting users and topics, now i'm looking for some additional information! Let me explain.. ITALIAN SITUATION: Resident and working in Italy, since 9 years i have an Italian Company (Srl/LLC) for my Italian business -->...

Hello, I have a question about setting up an LLC and its tax obligations in the United States. I am a citizen of Germany. As a German citizen, I want to establish an LLC in Wyoming. This LLC would then become the 100% owner of the German GmbH (equivalent to LLC). All the income of this GmbH...

I'm originally from Switzerland but moved to UK before brexit deal to keep the residence status and doing some business. My question is what I should do to keep my Swiss tax status without thiggering the UK and remain here for more than 183 whille enjoying the non-dom tax status. I'm the manager...

https://www.bbc.com/news/amp/business-55236851 Is UK turning into Spain? i.e introducing a temporary wealth tax that then becomes permanent ns2. More details are needed on this idea but them saying non-doms will pay needs to be explained further i.e will it be on their local assets or global...

We always hear a whole lot about how easy it is to hide in a tax haven and how people in for decades have cheated in taxes, VAT and other taxes. They are less than 5 years ago who could register a company online in Cyprus, Seychelles, Belize or Panama, you could use your own papers or nominees...

Hey guys, did not find anything via the search option. Good old "mafia style" question...: As payouts/cashouts from casinos and similar online gambling in some countries in europe are tax free or low tax - is there any way to deposit money on such online gambling sites and after to payout to...

Good morning, to the community, I hope those who already have experience clarify this issue, I have created an LLC in New Mexico as a non-resident foreigner, and I want to know when to make tax presentations, and what taxes I would have to pay, my activity is The sale of digital services in the...

Hi everyone, I will be launching my e-commerce business soon. It's basically like a marketplace of Italian products (including food). Customers will be mainly in Italy and other parts of EU We also plan to offer our products globally (once we find the right logistics company) My dilemma: My...

First of all, you guys are awesome! Thank you for the invaluable gems scattered around here. I am conducting ecommerce in the UK and I am concerned with taxes and VAT. The tax rates are so high I am considering other options (I.e. an offshore company or relocating etc) 1. What will be the...

Hi, I would be happy if anyone could help with this tax question. I am resident but non-domiciled in the UK. By the remmitance rule, I am taxed on foreign investment income only up to the amount that I send back to the UK. I would like to understand if this sequence I have i mind is feasible...

Hello guys, i have read that if you don't have a us legal entity and you make money out of freelanxing sites like upwork/ fiverr those platforms are entitled to retaining 30% of your income for tax purposes. I don't want that s**t ... What is the best structure to have as a non-us freelancer if...

Hi all, first sorry, but my English is not perfect, because this isn't my main language. (Main: Hungarian) So, I'm a local software key seller, currently I not reported my business in anywhere and do this without a company, so I don't give invoice to my customers. In the future, I want to...